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Nov 2, 2012
11/12
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chevron had the biggest percentage loss among dow stocks. chevron did not make as much money has anticipated in the third quarter. earnings per share were well short of estimates. similar to exxon mobil, chevron also saw its production and fuel sales fall, hit by hurricane isaac in august, legal troubles in brazil and a refinery fire in california. shares fell 2.8%, closing at their lowest price since july. two bright spots for chevron were its smaller refineries processing cheaper oil from montana and north dakota. meantime, chesapeake energy fell to a three month low, down 7.9%. the company has been trying to reduce its massive debt load. today the company said it may delay cutting its i.o.u.'s into 2013. the prospect of the delay was met with selling. you may have missed it but the ipad mini went on sale today. apple's newest product didn't have the usual hoopla. still, analyst expect apple to sell one million or more of the devices during its first weekend on the market. apple stock continued its sell- off that began in the days after it
chevron had the biggest percentage loss among dow stocks. chevron did not make as much money has anticipated in the third quarter. earnings per share were well short of estimates. similar to exxon mobil, chevron also saw its production and fuel sales fall, hit by hurricane isaac in august, legal troubles in brazil and a refinery fire in california. shares fell 2.8%, closing at their lowest price since july. two bright spots for chevron were its smaller refineries processing cheaper oil from...
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Oct 27, 2012
10/12
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. >> chevron's contribution is legal. the supreme court ruled in 2010 companies could spend unlimited money on campaigns. >>> an arizona group is being pseudoover an $11 million contribution to a california political action committee. it is under scrutiny because of the size and it was made anonymously. a sacramento superior court judge has ordered a full hearing. the arizona group that made the contribution argues it doesn't need to disclose its funding sources until after the election. >> thousands of community college stan students are hoping voters approve tax measures. new at 6:00, rob roth in hayward with the unusual step the community college has taken to inform students about what could be ahead. >> reporter: many students will have to wait for the november election to find out if the classes they need to graduate will still be offered in the spring. monica hopes to graduate from chabot college next spring. but that plan could be in jeopardy. she needs to take a statistics class. she's learned they may be offering
. >> chevron's contribution is legal. the supreme court ruled in 2010 companies could spend unlimited money on campaigns. >>> an arizona group is being pseudoover an $11 million contribution to a california political action committee. it is under scrutiny because of the size and it was made anonymously. a sacramento superior court judge has ordered a full hearing. the arizona group that made the contribution argues it doesn't need to disclose its funding sources until after the...
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Nov 3, 2012
11/12
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chevron says the fire had an impact in production. >>> well, apple fans can finely get their hands on one version of the new i pad mini and the latest generation ipad. some of the fanfare was missing today when apple stores first opened their door its. >> 3, 2, 1. [cheers and applause] >> reporter: kicking off the debut. lines long, excitement, high. here at the san francisco store at 8:00 a.m. it was more subdued with the line smaller than the number of apple staff serving those waiting. >> i thought it was going to be longer. i thought it was going to be wrapped around the corner. when the 3 came out it was wrapped around the corner. i was stoked when i saw the line. >> unlike the all size fits all iphone they must choose between the larger and smaller. >> i think i like the mini because i can carry it around. what i want to do is carry it around with me all of the time. >> i know i want one and i got to have it. so i came out this morning and i am super pleased. >> reporter: one of the relationship the lines may be shorter is -- one of the reasons the lines are shorter is these are
chevron says the fire had an impact in production. >>> well, apple fans can finely get their hands on one version of the new i pad mini and the latest generation ipad. some of the fanfare was missing today when apple stores first opened their door its. >> 3, 2, 1. [cheers and applause] >> reporter: kicking off the debut. lines long, excitement, high. here at the san francisco store at 8:00 a.m. it was more subdued with the line smaller than the number of apple staff serving...
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there is a better sense chevron down $3.45. going to nicole petallides at new york stock exchange maybe they thought nobody would best. >> three ipo today the first after hurricane sandy. look at restoration hardware up 32% of the earlier highs but it had a great pop which is a furniture retailer excepted beautifully. standing next to south cross energy up battle point* 5%. they did well even though hurricane sandy blooms on the eastern seaboard. liz: day do not sell hardware. they sell pretty stuff. [laughter] lasalle whole crew knows, the devastation from hurricane zandi -- sandy is felt that these coast with the energy side then the human side. we have lived team coverage 40 miles from and had an atom we will start with you. >> behind me receive the national guard and passing a water but also red cross now showing up but the field of dreams foundation and they showed up early on their own volunteers bringing food and clothing. diapers, betting common medications, food if you can cook or pizzas if you cannot. people are comin
there is a better sense chevron down $3.45. going to nicole petallides at new york stock exchange maybe they thought nobody would best. >> three ipo today the first after hurricane sandy. look at restoration hardware up 32% of the earlier highs but it had a great pop which is a furniture retailer excepted beautifully. standing next to south cross energy up battle point* 5%. they did well even though hurricane sandy blooms on the eastern seaboard. liz: day do not sell hardware. they sell...
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chevron says today it will take another several months before the refinery is fully functional. the refinery was damaged by a that sk in a pipe. chevron says after the fire the refinery would be plating at reduced capacity throughout the end of the year. >> working on an anonymous tip, police have released surveillance video and today, they arrested a 20-year-old bicyclist they say beat a muni station agent. we showed you the tape, here it is. police say he jumped the gate with his bicycle and when the agent confronted him police say riley kicked the agent in the chest and knocked him down. riley faces three felony charges for battery and mayhem. >> next week we're expecting the jigs zigs about a former elementary school principal accused of hail failing to report suspected child sex abuse. >> right. jurors spent five hours deliberating today. took two votes and told the judge they cannot reach a verdict and that their split was 8-4. they didn't indicate which way they're leaning. most jurors told the judge additional information would not help reach a verdict but some of them i
chevron says today it will take another several months before the refinery is fully functional. the refinery was damaged by a that sk in a pipe. chevron says after the fire the refinery would be plating at reduced capacity throughout the end of the year. >> working on an anonymous tip, police have released surveillance video and today, they arrested a 20-year-old bicyclist they say beat a muni station agent. we showed you the tape, here it is. police say he jumped the gate with his...
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Nov 3, 2012
11/12
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chevron is working on repairs right now, they have been since that fire. the oil company's output was down by more than 100,000 barrels over a year ago. that decrease first blamed on the fire. >>> it is the first saturday in november. that means crab fishing season is underway in northern california. recreation al fishermen will have 12 days to catch those. they are limited to 10 crabs per catch. >>> sesame street's elmo and his civic duty. still to come the puppet-based protest rallying support for public broadcasting. >> the chances of me conceding naturally would be very slim. >>> in this morning's health watch a wake up call for women who want to have babies. >>> this is a special weekend because it is 49 hours long. we are falling back, which typically means temperatures are falling as well. not the case as you'll see in my extended forecast, coming up. both mother and baby. but obesity also makes it harder a woman to get pregnant in t >>> welcome back. being obese increases the risk of pregnancy for mother and baby. it also makes it harder for a woma
chevron is working on repairs right now, they have been since that fire. the oil company's output was down by more than 100,000 barrels over a year ago. that decrease first blamed on the fire. >>> it is the first saturday in november. that means crab fishing season is underway in northern california. recreation al fishermen will have 12 days to catch those. they are limited to 10 crabs per catch. >>> sesame street's elmo and his civic duty. still to come the puppet-based...
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Nov 3, 2012
11/12
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would not directly comment on them. >>> chevron today reported the 33% decline in its net income for the third quarter. officials pointed to a decline in production and a drop in prices for oil and gas. net income was $5.25 billion, or 2, or $2.69 a share. that compares with $7.83 billion for the third quarter last year. they lost more than $3 today. >>> rise in unemployment and the increasing estimate of costs from superstorm sandy drove stocks lower. dow lost 139 points, nasdaq was off by 37, s & p 500 finished 13 points lower on the day. >>> it is time to fall back soon, daylight saves time take fix on 2:00 a.m. on sun arizona. turn your clocks back by one hour. lucky for us, that means we get an extra hour of sleep. let's turn now to our chief meteorologist bill martin for what weather we'll be waking up to. >>> we're looking for nice weather tomorrow, and sunday, temperatures reign on the increase. daytime highs to be warmer. cloudy now, look at the live picture. clouds moved in quick. fog this morning, look for dense fog tomorrow morning, but not as much as this morning. look a
would not directly comment on them. >>> chevron today reported the 33% decline in its net income for the third quarter. officials pointed to a decline in production and a drop in prices for oil and gas. net income was $5.25 billion, or 2, or $2.69 a share. that compares with $7.83 billion for the third quarter last year. they lost more than $3 today. >>> rise in unemployment and the increasing estimate of costs from superstorm sandy drove stocks lower. dow lost 139 points,...
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Nov 3, 2012
11/12
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chevron says it is cooperating with state and federal negotiations. chevron has pointed to a corroded pipe as the trigger for that fire. >>> if you bought gas lately, you probably noticed that prices have plummeted. ktvu's maureen naylor found gas at $3.59. well below the record high prices of just below a month ago. >> reporter: a few weeks ago gas averaged $4.68. ant tonight at least here $3.89. aaa expects that downward trend to continue. >> typically i spend maybe $40 a day on gas. >> reporter: because he has to cover the price of gas and commutes from san jose, he pays close attention to gas prices. >> i see it's trending down, it's given me a little more room to breathe. >> reporter: in san francisco the average cost for a gallon is $3.48. in oakland you will pay $3.03. san jose $4.01 and vallejo $3.98. cars lined up at this shop because of the price, $3.59 a gallon. >> cheapest gas in san jose. >> that's why you come here. >> i always come here. >> my wife entirely thinks i'm not very smart that i drive 6 miles to get something that's 6- cents
chevron says it is cooperating with state and federal negotiations. chevron has pointed to a corroded pipe as the trigger for that fire. >>> if you bought gas lately, you probably noticed that prices have plummeted. ktvu's maureen naylor found gas at $3.59. well below the record high prices of just below a month ago. >> reporter: a few weeks ago gas averaged $4.68. ant tonight at least here $3.89. aaa expects that downward trend to continue. >> typically i spend maybe $40 a...
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Oct 30, 2012
10/12
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the complaint three months after that huge fire at the chevron refinery blank yetting much of the east bay. abc 7 news has the story. >> dan is the mayor of hercules, one of the cities not far from this. a huge fire that the refinery in august. the bay area district since indicated it plans to fine chevron an amount that could reach into hundreds of thousands of dollars. >> the system goes into the general fund. the perception is that those fines are going back to the community. under state law, any penalty goes into the general fund. however, the board provided direction to have the money be spent in the community. >> but there are no guarantees. in 2009, air district collected 515,000 for failing to monitor air quality programs. but in 2008 when air board and county collected $2.2 million from shell, for a carbon monoxide problem, only 10% went to an air quality project at one school. the district hasn't totalled fines yet but the mayor thinks at least half should go to the local community. it may not be 50% but the board says they're working on it. >> we dd resend it. i'sure the boa
the complaint three months after that huge fire at the chevron refinery blank yetting much of the east bay. abc 7 news has the story. >> dan is the mayor of hercules, one of the cities not far from this. a huge fire that the refinery in august. the bay area district since indicated it plans to fine chevron an amount that could reach into hundreds of thousands of dollars. >> the system goes into the general fund. the perception is that those fines are going back to the community....
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Nov 3, 2012
11/12
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KICU
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chevron says it is cooperating with state and federal negotiations. chevron has pointed to a corroded pipe as the trigger for that fire. >>> if you bought gas lately, you probably noticed that prices have plummeted. ktvu's maureen naylor found gas at $3.59. well below the record high prices of just below a month ago. >> reporter: a few weeks ago gas averaged $4.68. ant tonight at least here $3.89. aaa expects that downward trend to continue. >> typically i spend maybe $40 a day on gas. >> reporter: because he has to cover the price of gas and commutes from san jose, he pays close attention to gas prices. >> i see it's trending down, it's given me a little more room to breathe. >> reporter: in san francisco the average cost for a gallon is $3.48. in oakland you will pay $3.03. san jose $4.01 and vallejo $3.98. cars lined up at this shop because of the price, $3.59 a gallon. >> cheapest gas in san jose. >> that's why you come here. >> i always come here. >> my wife entirely thinks i'm not very smart that i drive 6 miles to get something that's 6- cents
chevron says it is cooperating with state and federal negotiations. chevron has pointed to a corroded pipe as the trigger for that fire. >>> if you bought gas lately, you probably noticed that prices have plummeted. ktvu's maureen naylor found gas at $3.59. well below the record high prices of just below a month ago. >> reporter: a few weeks ago gas averaged $4.68. ant tonight at least here $3.89. aaa expects that downward trend to continue. >> typically i spend maybe $40 a...
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Oct 27, 2012
10/12
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CNBC
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chevron. this company preannounced numbers that nobody is too crazy, but they are far too often undervalued. if it's down going into the quarter and oil is strong the day before or we get a tight inventory number wednesday, pick up chevron. there might be a deep in the money call option. beyond earnings on friday, oh, boy, here is controversy. october nonfarm payroll report, remember, the thing under 8%, big hooplah. don't know if there is a more important payroll result. these numbers have become a firestorm of controversy. and i think anything which shows a further pickup in hiring would be greeted with a level of partisan skepticism that will indeed blunt the good news. here is what you need to know. a good number and you actually think that obama is bad for the stock market. putting it out there, okay? you might get a chance to set up a short into the opening, in other words, sell stocks into the opening. me? call me prosaic. i want to hear hyram is coming back. and here is the bottom line
chevron. this company preannounced numbers that nobody is too crazy, but they are far too often undervalued. if it's down going into the quarter and oil is strong the day before or we get a tight inventory number wednesday, pick up chevron. there might be a deep in the money call option. beyond earnings on friday, oh, boy, here is controversy. october nonfarm payroll report, remember, the thing under 8%, big hooplah. don't know if there is a more important payroll result. these numbers have...
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Oct 27, 2012
10/12
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chevron. this company preannounced numbers that nobody is too crazy, but they are far too often undervalued. if it's down going into the quarter and oil is strong the day before or we get a tight inventory number wednesday, pick up chevron. there might be a deep in the money call option. beyond earnings on friday, oh, boy, here is controversy. october nonfarm payroll report, remember, the thing under 8%, big hooplah. don't known there is a more important payroll result. these numbers have become a firestorm of controversy. and i think anything which shows a further pickup in hiring would be greeted with a level of partisan skepticism that will indeed blunt the good news. here is what you need to know. a good number and you actually think that obama is bad for the stock market. putting out there, okay? you might get a chance to set up a short into the opening, in other words, sell stocks into the opening. me? call prosaic. i want to hear the markets are coming back. and here is the bottom line.
chevron. this company preannounced numbers that nobody is too crazy, but they are far too often undervalued. if it's down going into the quarter and oil is strong the day before or we get a tight inventory number wednesday, pick up chevron. there might be a deep in the money call option. beyond earnings on friday, oh, boy, here is controversy. october nonfarm payroll report, remember, the thing under 8%, big hooplah. don't known there is a more important payroll result. these numbers have...
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his complaint comes nearly three months after that huge fire at the chevron refinery in richmond which blanketed much of the east bay in thick, black smoke. abc7 news reporter laura anthony has our story. >>> i'm alarmed. i'm a citizen in this area. >> dan ramirez, the mayor of hercules, one of the cities not far from this, the huge fire that engulfed the area at the chevron refinery in august. the bay area management office has said it plans to fine chevron, a fine that could reach into the hundreds of thousands of dollars. >> what alarmed me is the fine system that the air quality district brings up goes into their general fund. the perception from the community is that those fines that are collected are going back to the community. >> under state law any penalty the air district levies go into the general fund. however, recently the board of director of the air district has provided direction to have the money be spent in the community. >> but there are no guarantees and the practice has been uneven. in 2009 the air district collected $515,000 in fines from developer lanar for faili
his complaint comes nearly three months after that huge fire at the chevron refinery in richmond which blanketed much of the east bay in thick, black smoke. abc7 news reporter laura anthony has our story. >>> i'm alarmed. i'm a citizen in this area. >> dan ramirez, the mayor of hercules, one of the cities not far from this, the huge fire that engulfed the area at the chevron refinery in august. the bay area management office has said it plans to fine chevron, a fine that could...
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chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> we're back now live in downtown columbus at the beautiful boat house restaurant in confluence park, and voters right here in ohio, may decide the most important presidential race in history. both are trying to woo the voters and score the most electoral votes. the latest snap shot, look at it of the 50% of likely voters support president obama, 47%, choosing mitt romney, the margin of error is 3 percentage points. the lines are burning up. i visited both campaigns. it is sort of a symphony of noise. dayton, ohio, these volunteers are trying to reach everyone they can as the clock ticks towards election day. >> do you ever get distracted by all the people around you calling? >> no, we don't. we talk all the time. and everybody is talking. right now they have all stopped. but no, we talk at the same time and get the same message out to
chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> we're back now live in downtown columbus at the beautiful boat house restaurant in confluence park, and voters right here in ohio, may decide the most important presidential race in history. both are trying to woo the voters and score the most electoral...
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Nov 2, 2012
11/12
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exon and chevron also reported lower earnings. that's not helping right now either. >> that's part of the drag on the dow jones industrial average, for sure. the energy stocks. the exon and chevron shares are part of the dow 30. that's definitely among the weak spots today. overall, it's also the uncertainty. we're looking at these pictures of these gas lines, people waiting to get gasoline. we're looking at shortages on food and recognizing that, you know, just because the hurricane has passed, doesn't mean the implicationed have passed. the work is just beginning. >> ben, what do you think next week? a little bounce or what do you expect? >> no, i think we can still see a bit of a pullback. my concern is there's so little economic data next week it can be a frenzy of headline driven events that can lead to the volatility of the market. >> all right. thank you very joining us. that'll do it for the
exon and chevron also reported lower earnings. that's not helping right now either. >> that's part of the drag on the dow jones industrial average, for sure. the energy stocks. the exon and chevron shares are part of the dow 30. that's definitely among the weak spots today. overall, it's also the uncertainty. we're looking at these pictures of these gas lines, people waiting to get gasoline. we're looking at shortages on food and recognizing that, you know, just because the hurricane has...
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Nov 2, 2012
11/12
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. >>> this morning chevron reported its net income fell 33%. san ramon energy company blames lower oil and gas prices. and production slow down because of planned maintenance and hurricane in the gulf of mexico hurt its bottom line. chevron says it earned $5.25 billion. yesterday exxon mobile reported profits fell 7% there. the 2012 world series champion giants can't rest on their laurels. that is according to sports marketers. they must continue to atrack fans to the ballpark. and capitalize on the brand. they tell the san francisco business times the giants there to avoid the appearance of price gouging. keep season ticketholders happy and remain humble. >> i don't worry about them with that. >>> 6:53. boy a bold luxury theft. what thieves stole and why they only wanted one thing. >>> don't forget you can get ktvu news to go download our ktvu app click the live icon. >>> welcome back to the ktvu channel 2 morning news. live look at the big board. dow jones up a little bit. mostly favorable response to the jobs report. we could see more gains.
. >>> this morning chevron reported its net income fell 33%. san ramon energy company blames lower oil and gas prices. and production slow down because of planned maintenance and hurricane in the gulf of mexico hurt its bottom line. chevron says it earned $5.25 billion. yesterday exxon mobile reported profits fell 7% there. the 2012 world series champion giants can't rest on their laurels. that is according to sports marketers. they must continue to atrack fans to the ballpark. and...
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the bay area air quality management district has since indicated it plans to fine chevron. an amount that could reach into the hundreds of thousands of dollars. >> what alarmed me is that the fine system that the air quality district brings up goes into their general fund. the perception from the community is that those fines collected are going back to the community. >> under state law any penalties in the district levies go to the general fund. however, recently the board of directors has provided direction to have the money be spent in the community. >> but there are no guarantees , and the practice has been uneven. in 2009, the district collected $515,000 from fines from the developer for failing to monster the -- monitor the dust at the naval ship yard. all of that money went into air quality programs in the community. but in 2008 when the collected $2.2 million from shell at its martinez refinery, only about 10% went to an air quality project at one local elementary school. >> the district has had total refines for the fire, but mayor romero thinks half of the money s
the bay area air quality management district has since indicated it plans to fine chevron. an amount that could reach into the hundreds of thousands of dollars. >> what alarmed me is that the fine system that the air quality district brings up goes into their general fund. the perception from the community is that those fines collected are going back to the community. >> under state law any penalties in the district levies go to the general fund. however, recently the board of...
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Oct 28, 2012
10/12
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chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >> osgood: now a look at halloween by the numbers. a record 170 million people in this country say they plan to celebrate halloween this year according to a national retail federation survey. total halloween spending is projected to hit $8 billion. the average halloween consumer spending nearly $80, up from last year. more than 93% of children go trick or treating according to the national confectioners association. 63% of trick or treaters say chocolate is their favorite treat. followed by 9% favoring lollipops, 7% gummy candy, and 7% for those who favor bubble gum or chewing gum. as for the adults who hand out the treats, 41% confess that they indulge their sweet tooth from their own candy bowl. and finally, barack obama masks are out-selling mitt romney masks by a margin of 60 to 40 according to the costume marketer spirit
chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >> osgood: now a look at halloween by the numbers. a record 170 million people in this country say they plan to celebrate halloween this year according to a national retail federation survey. total halloween spending is projected to hit $8 billion....
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. >>> chevron said that the oil refinery in richmond shall be fully operational early next year. the fire greatly reduced chevron's capacity and contributed to a fire on the west coast. >>> and some car owners could be getting a refund after and investigation by. epa that 800,000 vehicles overstated their gas mileage of the 2011 and 2013 hyundai and kia support taj -- sportage and rio could it result in millions of dollars in payments to car owners but it could also result in sanctions from the u.s. government. >>> when a man stopped to videotape his son, he caught a amtrak train slam into a utility truck. the man rushed over to the scene and he thought that the two men inside the truck would be dead but instead they survived with hardly a scratch. >> he got out of the truck and i said are you all right. he said i'm fine. i said dude, you're the luckiest man alive right now. >> wow! that train was blaring the horn, the truck driver told the police that he did not notice the train coming. >>> mark mcgire will become a division rival to the world champion san francisco giants. he r
. >>> chevron said that the oil refinery in richmond shall be fully operational early next year. the fire greatly reduced chevron's capacity and contributed to a fire on the west coast. >>> and some car owners could be getting a refund after and investigation by. epa that 800,000 vehicles overstated their gas mileage of the 2011 and 2013 hyundai and kia support taj -- sportage and rio could it result in millions of dollars in payments to car owners but it could also result in...
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his complaint comes nearly three months after that huge fire at the chevron refinery in richmond which blanketed much of the east bay in thick, black smoke. abc7 news reporter laura anthony has our story. >>> i'm alarmed. i'm a citizen in this area. >> dan, the mayor of hercules, one of the cities not far from this, the huge fire that engulfed the area at the chevron refinery in august. the bay area management office has said it plans to fine chevron, a fine that could reach into the hundreds of thousands of dollars. >> what alarmed me is the fine system that the air quality district brings up goes into their general fund. the perception from the community is that those fines that are collected are going back to the community. >> under state law any penalty in the air district levies go into the general fund. however, recently the board of director of the air district has provided direction to have the money be spent in the community. >> but there are no guarantees and the practice has been uneven. in 2009 the air district collected $515,000 in fines from developer lanar for failing to
his complaint comes nearly three months after that huge fire at the chevron refinery in richmond which blanketed much of the east bay in thick, black smoke. abc7 news reporter laura anthony has our story. >>> i'm alarmed. i'm a citizen in this area. >> dan, the mayor of hercules, one of the cities not far from this, the huge fire that engulfed the area at the chevron refinery in august. the bay area management office has said it plans to fine chevron, a fine that could reach into...
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Nov 2, 2012
11/12
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chevron company reporting earnings of $2.69, lower than estimates of $2.83, that analysts expected. revenue looks below expectations. exxon had a great number because of refining margins so i don't know why this would be below. hopefully we looked apples to apples. >> coming up we've got the jobs effect on next week's presidential election, up next we'll talk to glenn hubbard, economic adviser to the romney campaign and dean of the columbia business school to get his thoughts on the number. >>> welcome back to "squawk box." lets aget to the jobs report and the political impact of the employment numbers. joining us now columbia business school dean and romney campaign economic advicer glenn hubbard. glenn, good to see you. >> good morning. >> thanks. in addition to it being a pretty good overall number, the 170 number this month some people are saying the revisions to last month do show a pick-up in something. is it the housing market that came around? is it a good number? >> well i think that our expectations may be dumbed down a bit. it's consistent with about 2% gdp growth and we
chevron company reporting earnings of $2.69, lower than estimates of $2.83, that analysts expected. revenue looks below expectations. exxon had a great number because of refining margins so i don't know why this would be below. hopefully we looked apples to apples. >> coming up we've got the jobs effect on next week's presidential election, up next we'll talk to glenn hubbard, economic adviser to the romney campaign and dean of the columbia business school to get his thoughts on the...